Mary Kom along with eight other athletes have been nominated for the prestigious Padma Vibhushan Award, India's second highest civilian award.
Apart from the boxers, the committee has also included 22-year-old women's 10m air pistol shooter Yashaswini Singh Deswal and Badminton star Sai Praneeth in the TOPS scheme.
The Best Asian Male Team Award went to the Qatar national football team, which won the latest edition of Asian Cup.
A controversy broke out over Mary Kom's selection for the women's World Boxing Championships in Russia after her competitor in the 51kg category, Nikhat Zareen, was refused a trial bout.
Six-time world champion MC Mary Kom (51kg) was picked on Wednesday without a trial on the basis of her performance in the past few months.
The Indian boxers finished their campaign with nine medals, including seven gold and two silver, which helped the contingent win the 'Best Team' award.
Apart from Mary Kom and Gaurav Bidhuri, nine other Indian boxers also reached the finals of 23rd President's Cup in Labuan Bajo, Indonesia.
India, who had bagged six golds in the inaugural edition in New Delhi last year, doubled their gold count this year.
Mary Kom overcame some stiff resistance to beat Nikhat Zareen in a split decision to enter the women's 51kg category final.
Mary Kom made a successful return to 51 kg category by overwhelming her opponent Mala Rai of Nepal.
The London Olympic bronze medallist Mary Kom pulled out of Asian Championships last month in order to prepare for the World Championships.
The six-time World Champion Mary Kom has decided to skip the event in order to focus on the World Championships to be held later in the year.
Mary Kom is the only woman to clinch six world championship titles.
Mary Kom achieved the feat two months after becoming the first female boxer to win six world championships.
Amit Panghal (49kg) also won a silver at the Commonwealth Games.
With a gold, a silver and two bronze medals, the Indian contingent recorded one of its best performances at the Women's World Championships.
Mary Kom matched Cuba's Felix Savon as the joint most successful boxer -- men and women -- in the World Championships history.